Section 28-2208 - Fleet utility trailers; five year registration; definitionA. In lieu of annual registration, the director shall provide for the registration of fleet utility trailers for five year periods on proper application by the owner of the trailers. The owner is subject to all fees and license taxes imposed by this title and shall pay the fees and taxes as if the trailers were registered annually.B. An application for registration of fleet utility trailers for a five year period shall contain a proportional number of the trailers equal to the average number and the assessed value of the trailers operated in or through this state during the preceding calendar year.C. The director shall require the owner of fleet utility trailers registered pursuant to this section to annually file on a form to be supplied by the department for each of the ensuing four years information the director deems necessary for the computation of the average number and assessed value of the trailers operated in and through this state during the preceding calendar year. If in any year subsequent to the first year of registration the average number or assessed value of the trailers increases, the director may require the owner to register additional trailers for the remainder of the five year period.D. The director may cancel at any time any or all of the license plates and registration cards issued to the owner of fleet utility trailers registered pursuant to this section for nonpayment of registration fees or license taxes or for noncompliance with subsection C.E. For the purposes of this section, "fleet utility trailer" means a trailer of a utility trailer fleet consisting of two hundred fifty or more trailers with a gross weight of less than six thousand pounds.